Newcastle, OK Housing Market & Real Estate

Buyer's market+6.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Newcastle, OK is $314,950, up 6.9% year-over-year. Homes sell in an average of 79 days with 141 active listings. The market is currently a buyer's market.

$314,950median sale price

Is Newcastle a buyer's or seller's market?

Buyer's market5.4 months of supply79 avg. days on market

Newcastle, OK is currently a buyer's market, based on 5.4 months of supply and homes selling in about 79 days. How we determine this →

Homes sold

26

Last 12 weeks

Days on market

79

Average pace

Active listings

141

5.4 months supply

Sale-to-list

99.3%

Below asking

Newcastle, OK market data

Current housing market statistics for Newcastle, OK
MetricValue
Median sale price$314,950
Median list price$299,000
Year-over-year price change+6.9%
Average days on market79 days
Active inventory141 listings
Months of supply5.4 months
Sale-to-list price ratio99.3%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Newcastle housing market is currently classified as a buyer's market with a median sale price of $314,950. Prices have risen 6.9% compared to last year, with homes spending an average of 79 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Newcastle

There are currently 141 homes listed for sale in Newcastle, Oklahoma. The median listing price is $299K.

Active listings

141

Homes on market

Median list price

$299K

Avg. days on market

79

Days until sale

New this week

29

Newly listed

Price drops:12.1%of listings
Sale-to-list:99.3%

Explore nearby cities in OK

Frequently asked questions

What is the average home price in Newcastle?

The median home sale price in Newcastle is $314,950, up 6.9% from last year.

How long do homes stay on market in Newcastle?

Homes typically spend 79 days on market before going under contract.

Is Newcastle a buyer's or seller's market?

With 5.4 months of supply, Newcastle is currently a buyer's market.

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